U.S. Trade Balance Report: Complete Version
Last print: June 2025
1 Overall Trade Balance*
1.1 Trade Balance with Exports and Imports
1.1.1 Table
| Metric | Jun 2024 | Feb 2025 | Mar 2025 | Apr 2025 | May 2025 | Jun 2025 |
|---|---|---|---|---|---|---|
| Balance | -73.892 | -122.011 | -138.316 | -60.257 | -71.664 | -60.177 |
| Goods | -99.563 | -147.244 | -162.572 | -86.304 | -97.303 | -85.879 |
| Services | 25.671 | 25.233 | 24.255 | 26.048 | 25.639 | 25.702 |
| Exports | 268.356 | 278.685 | 281.074 | 290.572 | 278.646 | 277.298 |
| Imports | 342.248 | 400.696 | 419.391 | 350.829 | 350.310 | 337.475 |
| Source: BOCOM BBM, U.S. Census Bureau |
1.1.2 Monthly Trade Balance
1.1.3 12-Month Rolling Sum
1.1.4 YoY Change
1.1.5 3MMA
1.1.6 3MMA SAAR
1.1.7 Monthly Goods Trade Balance
1.1.8 Monthly Goods Trade Balance (12 mo acc.)
1.2 Real Goods Analysis (in 2017 USD)
1.2.1 Exports by Enduse Code**
| Category | $bn | % MoM | % YoY |
|---|---|---|---|
| Total exports | 145.8 | -1.5 | 0.6 |
| Foods, feeds, & beverages | 10.2 | 3.7 | -1.4 |
| Industrial supplies | 45.1 | -9.1 | -3.5 |
| Capital goods | 52.2 | 3.5 | 7.9 |
| Automotive vehicles | 10.9 | 1.4 | -18.1 |
| Consumer goods | 20.6 | 4.0 | 1.4 |
| Other goods | 7.1 | -3.5 | 19.0 |
| Source: BOCOM BBM, U.S. Census Bureau |
1.2.2 Imports by Enduse Code**
| Category | $bn | % MoM | % YoY |
|---|---|---|---|
| Total imports | 230.4 | -4.5 | -3.1 |
| Foods, feeds, & beverages | 14.0 | -1.6 | -2.0 |
| Industrial supplies | 34.7 | -4.8 | -10.0 |
| Capital goods | 86.2 | 0.8 | 13.2 |
| Automotive vehicles | 32.0 | -3.5 | -12.6 |
| Consumer goods | 55.7 | -13.0 | -12.9 |
| Other goods | 10.5 | -5.0 | 6.1 |
| Source: BOCOM BBM, U.S. Census Bureau |
1.2.3 Monthly Real Goods Trade Balance
1.2.4 Real Goods Trade Balance (12 mo acc.)
2 Trade in Goods: Country Analysis
2.1 Monthly Values
2.1.1 Monthly Imports
2.1.2 Monthly Exports
2.1.3 Imports (12 mo acc.)
2.1.4 Exports (12 mo acc.)
2.1.5 Monthly Trade Volume
2.1.6 Trade Volume (12 mo acc.)
2.1.7 Index for imports
2.1.8 Index for Exports
2.3 Rates of Change
2.3.1 MoM Change in Imports by Country
| Countries | Jun-24 | Feb-25 | Mar-25 | Apr-25 | May-25 | Jun-25 | Share of total |
|---|---|---|---|---|---|---|---|
| All other countries | 15.4 | 5.9 | 5.6 | -9.8 | -2.2 | 3.2 | 17.4 |
| European Union | 18.2 | 7.3 | 33.2 | -35.6 | 6.9 | -19.2 | 17.2 |
| Mexico | 15.6 | 2.7 | 2.0 | -10.3 | 8.0 | -1.2 | 16.8 |
| Canada | 12.5 | -4.4 | -7.8 | -17.2 | 0.5 | -2.2 | 10.8 |
| China | 13.2 | -4.0 | -8.1 | -18.9 | -26.3 | -6.9 | 7.4 |
| South/Central America | 4.9 | 1.3 | 8.0 | -2.4 | 1.2 | -8.2 | 5.2 |
| Japan | 4.6 | -12.2 | 8.4 | -0.3 | -1.9 | -2.3 | 4.7 |
| Germany | 5.1 | -1.2 | 3.1 | -13.6 | 4.2 | -13.6 | 4.4 |
| Korea, South | 4.1 | -4.2 | 13.7 | -21.5 | 14.9 | 2.5 | 4.2 |
| India | 2.7 | 18.7 | 18.6 | -15.0 | -7.4 | 3.4 | 3.4 |
| United Kingdom | 2.1 | -8.0 | 11.1 | -31.6 | 3.3 | 6.2 | 1.9 |
| France | 1.8 | 0.6 | 48.5 | -22.2 | -12.8 | -9.7 | 1.8 |
| CAFTA-DR | 1.2 | 3.6 | 14.4 | -4.2 | -5.6 | 7.1 | 1.3 |
| Brazil | 1.2 | 14.3 | 1.3 | -17.1 | 23.8 | -20.4 | 1.3 |
| Israel | 0.7 | 5.9 | 16.8 | -11.9 | -39.4 | 4.4 | 0.5 |
| Saudi Arabia | 0.3 | -7.6 | -29.2 | -15.5 | 18.6 | 16.0 | 0.3 |
| Source: BOCOM BBM, U.S. Census Bureau | |||||||
| *CAFTA-DR = Central America-Dominican Republic Free Trade Agreement |
2.3.2 MoM Change in Exports by Country
| Countries | Jun-24 | Feb-25 | Mar-25 | Apr-25 | May-25 | Jun-25 | Share of total |
|---|---|---|---|---|---|---|---|
| European Union | 17.8 | -6.6 | 11.9 | 2.8 | -2.8 | 6.8 | 20.1 |
| All other countries | 17.7 | -4.2 | 1.9 | 0.4 | -1.5 | 2.6 | 19.5 |
| Mexico | 16.5 | 2.1 | 0.7 | -4.5 | -1.0 | 1.0 | 15.6 |
| Canada | 16.7 | 2.8 | -2.4 | -10.5 | 0.0 | 0.9 | 15.3 |
| South/Central America | 9.8 | 2.7 | -2.8 | -0.3 | 1.3 | -1.1 | 10.1 |
| China | 7.0 | 8.2 | -3.7 | -19.7 | -19.9 | 45.4 | 5.6 |
| Germany | 3.7 | -2.9 | 18.0 | -2.1 | -10.9 | 14.8 | 4.2 |
| United Kingdom | 3.9 | 56.6 | -12.0 | 9.1 | -13.1 | -6.2 | 4.1 |
| Japan | 4.2 | 6.5 | 1.8 | 2.9 | -2.9 | -3.4 | 3.8 |
| Korea, South | 3.3 | 2.5 | -8.1 | 13.5 | -11.7 | 3.0 | 3.1 |
| Brazil | 2.3 | 6.3 | 1.9 | -2.8 | 7.5 | -2.7 | 2.6 |
| France | 2.0 | -12.7 | 10.8 | -1.2 | 16.1 | -15.2 | 2.3 |
| CAFTA-DR | 2.2 | 0.2 | 3.4 | -4.0 | -0.5 | -0.3 | 2.2 |
| India | 2.2 | 8.7 | -14.0 | 21.0 | -13.6 | 5.2 | 2.1 |
| Saudi Arabia | 0.6 | 24.2 | -17.2 | 55.1 | -22.3 | -5.4 | 0.7 |
| Israel | 0.7 | -0.8 | 16.1 | -16.5 | 17.8 | -11.4 | 0.7 |
| Source: BOCOM BBM, U.S. Census Bureau | |||||||
| *CAFTA-DR = Central America-Dominican Republic Free Trade Agreement |
2.3.3 YoY Change in Imports by Country
| Countries | Jun-24 | Feb-25 | Mar-25 | Apr-25 | May-25 | Jun-25 | 12mo acc. Share |
|---|---|---|---|---|---|---|---|
| European Union | 18.2 | 27.0 | 64.4 | -0.6 | 14.8 | -8.2 | 19.0 |
| All other countries | 15.4 | 21.4 | 25.3 | 12.2 | 11.0 | 9.7 | 15.5 |
| Mexico | 15.6 | 7.8 | 11.6 | 0.7 | 7.0 | 4.1 | 15.0 |
| Canada | 12.5 | 9.2 | 4.1 | -14.1 | -13.9 | -16.1 | 11.7 |
| China | 13.2 | 8.1 | -3.2 | -19.2 | -41.5 | -45.6 | 11.7 |
| South/Central America | 4.9 | 10.2 | 18.3 | 17.8 | 11.4 | 2.2 | 4.8 |
| Germany | 5.1 | 7.0 | 8.9 | -7.6 | -2.5 | -16.7 | 4.6 |
| Japan | 4.6 | -2.0 | 10.1 | 6.2 | -0.4 | -0.4 | 4.3 |
| Korea, South | 4.1 | -2.9 | 2.9 | -15.0 | -6.4 | -1.4 | 3.7 |
| India | 2.7 | 25.8 | 48.6 | 26.5 | 18.3 | 22.2 | 2.8 |
| United Kingdom | 2.1 | 8.4 | 19.0 | -14.1 | -12.5 | -11.3 | 2.0 |
| France | 1.8 | 3.8 | 52.9 | 24.9 | 6.5 | -1.3 | 1.8 |
| Brazil | 1.2 | 10.9 | 21.6 | -1.4 | 18.1 | 2.1 | 1.3 |
| CAFTA-DR | 1.2 | 6.0 | 20.9 | 15.8 | 8.2 | 11.0 | 1.1 |
| Israel | 0.7 | 10.8 | 18.3 | 11.1 | -33.3 | -35.6 | 0.6 |
| Saudi Arabia | 0.3 | -11.5 | -40.5 | -52.8 | -40.8 | -2.9 | 0.3 |
| Source: BOCOM BBM, U.S. Census Bureau | |||||||
| *CAFTA-DR = Central America-Dominican Republic Free Trade Agreement |
2.3.4 YoY Change in Exports by Country
| Countries | Jun-24 | Feb-25 | Mar-25 | Apr-25 | May-25 | Jun-25 | 12mo acc. Share |
|---|---|---|---|---|---|---|---|
| All other countries | 17.7 | 4.2 | 8.3 | 5.5 | 10.7 | 13.7 | 19.0 |
| European Union | 17.8 | -3.2 | 14.2 | 13.1 | 15.2 | 16.6 | 18.3 |
| Canada | 16.7 | 3.0 | 1.7 | -7.8 | -7.0 | -5.7 | 16.3 |
| Mexico | 16.5 | 3.7 | 4.7 | -1.3 | -0.4 | -2.0 | 15.9 |
| South/Central America | 9.8 | 4.6 | 7.3 | 6.2 | 7.8 | 6.2 | 10.0 |
| China | 7.0 | -13.5 | -9.2 | -29.2 | -41.7 | -16.6 | 6.0 |
| United Kingdom | 3.9 | 46.8 | 32.1 | 36.9 | 40.5 | 10.6 | 4.2 |
| Japan | 4.2 | 10.8 | 9.6 | 11.0 | 6.0 | -7.5 | 3.8 |
| Germany | 3.7 | -0.1 | 23.7 | 15.6 | 3.9 | 16.0 | 3.7 |
| Korea, South | 3.3 | 5.7 | -9.2 | 17.8 | -7.7 | -3.6 | 3.1 |
| Brazil | 2.3 | 8.1 | 17.9 | 10.8 | 19.1 | 16.1 | 2.5 |
| France | 2.0 | -6.6 | 18.9 | 20.2 | 38.4 | 16.4 | 2.2 |
| CAFTA-DR | 2.2 | -3.3 | 6.3 | 1.2 | 3.5 | 0.0 | 2.2 |
| India | 2.2 | 23.8 | -5.4 | 15.3 | -1.6 | -2.6 | 2.0 |
| Israel | 0.7 | -14.9 | 1.8 | -11.2 | 12.5 | 2.3 | 0.7 |
| Saudi Arabia | 0.6 | 2.7 | -5.8 | 25.7 | -0.2 | 18.6 | 0.6 |
| Source: BOCOM BBM, U.S. Census Bureau | |||||||
| *CAFTA-DR = Central America-Dominican Republic Free Trade Agreement |
3 Petroleum vs. Non-Petroleun Analysis***
3.1 Petroleum vs. Non-Petroleum Trade Balance
3.2 Monthly Imports
3.3 Monthly Exports
3.4 Imports (3MMA SAAR)
3.5 Exports 3MMA SAAR
3.6 MoM Imports
3.7 MoM Exports
4 Product Category Analysis
4.1 Harmonized System 2-digit Code (HS2) & Aggregations
4.1.1 Exports (HS2)
| HS2 Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes. | 312.70 | 14.8 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof. | 267.64 | 12.7 |
| 85 | Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles. | 224.70 | 10.6 |
| 88 | Aircraft, spacecraft, and parts thereof. | 147.00 | 7.0 |
| 87 | Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. | 138.42 | 6.6 |
| 71 | Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewellery; coin. | 103.31 | 4.9 |
| 30 | Pharmaceutical products. | 95.09 | 4.5 |
| 39 | Plastics and articles thereof. | 79.86 | 3.8 |
| 29 | Organic chemicals. | 53.96 | 2.6 |
| 38 | Miscellaneous chemical products. | 37.04 | 1.8 |
| Source: BOCOM BBM, U.S. Census Bureau |
4.1.2 Imports (HS2)
| HS2 Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof. | 576.44 | 16.6 |
| 85 | Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles. | 502.17 | 14.5 |
| 87 | Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. | 365.52 | 10.5 |
| 30 | Pharmaceutical products. | 231.85 | 6.7 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes. | 223.98 | 6.5 |
| 71 | Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewellery; coin. | 163.82 | 4.7 |
| 29 | Organic chemicals. | 107.94 | 3.1 |
| 39 | Plastics and articles thereof. | 73.00 | 2.1 |
| 73 | Articles of iron or steel. | 48.07 | 1.4 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted. | 46.69 | 1.3 |
| Source: BOCOM BBM, U.S. Census Bureau |
4.1.3 Imports by General Aggregation
4.1.4 Exports by General Aggregation
4.1.5 Detailed Category Imports
4.1.6 Detailed Category Exports
4.2 Harmonized System 4-digit Codes (HS4)
4.2.1 Exports
| HS Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 8800 | CIVILIAN AIRCRAFT, ENGINES, AND PARTS | 135.85 | 6.4 |
| 2710 | OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. | 113.12 | 5.4 |
| 2709 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | 107.36 | 5.1 |
| 2711 | PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS | 73.53 | 3.5 |
| 8703 | MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS | 55.89 | 2.6 |
| 3002 | HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC | 55.26 | 2.6 |
| 8542 | ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS | 54.81 | 2.6 |
| 8471 | AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC | 48.74 | 2.3 |
| 8708 | PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) | 44.21 | 2.1 |
| 8517 | PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA | 42.94 | 2.0 |
| Source: BOCOM BBM, U.S. Census Bureau |
4.2.2 Imports
| HS Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 8703 | MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS | 205.47 | 5.9 |
| 8471 | AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC | 180.20 | 5.2 |
| 2709 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | 155.73 | 4.5 |
| 8517 | PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA | 129.74 | 3.7 |
| 3002 | HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC | 116.42 | 3.4 |
| 3004 | MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM | 105.45 | 3.0 |
| 7115 | ARTICLES OF OR CLAD WITH PRECIOUS METAL NESOI | 92.17 | 2.7 |
| 8708 | PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) | 84.15 | 2.4 |
| 8473 | PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES | 71.48 | 2.1 |
| 2937 | HORMONES; DERIVATIVES & STERIODS USED AS HORMONES | 57.91 | 1.7 |
| Source: BOCOM BBM, U.S. Census Bureau |
4.2.3 Import Trajectories
4.2.4 Export Trajectories
5 In-depth Analysis (HS4)
5.1 Product by Country Tables
5.1.1 Canada Exports
| HS Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 8703 | MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS | 14.47 | 4.2 |
| 8704 | MOTOR VEHICLES FOR TRANSPORT OF GOODS | 14.44 | 4.2 |
| 8708 | PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) | 13.84 | 4.0 |
| 2710 | OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. | 12.18 | 3.6 |
| 2709 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | 9.86 | 2.9 |
| 8800 | CIVILIAN AIRCRAFT, ENGINES, AND PARTS | 9.27 | 2.7 |
| 8471 | AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC | 5.81 | 1.7 |
| 8517 | PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA | 4.96 | 1.4 |
| 8407 | SPARK-IGNITION RECIP OR ROTARY INT COMB PISTON ENG | 4.63 | 1.4 |
| 3004 | MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM | 4.31 | 1.3 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.1.2 Canada Imports
| HS Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 2709 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | 93.96 | 23.2 |
| 8703 | MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS | 26.55 | 6.6 |
| 2710 | OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. | 11.53 | 2.8 |
| 8708 | PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) | 10.61 | 2.6 |
| 2711 | PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS | 10.00 | 2.5 |
| 7601 | ALUMINUM, UNWROUGHT | 7.47 | 1.8 |
| 8704 | MOTOR VEHICLES FOR TRANSPORT OF GOODS | 6.78 | 1.7 |
| 8411 | TURBOJETS, TURBOPROPELLERS & OTH GAS TURBINES, PTS | 6.78 | 1.7 |
| 7108 | GOLD (INCL PLAT PLATED), UNWR, SEMIMFR OR POWDER | 6.25 | 1.5 |
| 8802 | AIRCRAFT, POWERED; SPACECRAFT & LAUNCH VEHICLES | 5.99 | 1.5 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.1.3 Mexico Exports
| HS Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 2710 | OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. | 31.07 | 9.3 |
| 8708 | PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) | 19.70 | 5.9 |
| 8473 | PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES | 16.77 | 5.0 |
| 8542 | ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS | 12.20 | 3.6 |
| 2711 | PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS | 8.51 | 2.5 |
| 8800 | CIVILIAN AIRCRAFT, ENGINES, AND PARTS | 7.48 | 2.2 |
| 8471 | AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC | 7.03 | 2.1 |
| 1005 | CORN (MAIZE) | 5.82 | 1.7 |
| 8517 | PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA | 5.52 | 1.6 |
| 8523 | PREPARED UNRECORDED MEDIA (NO FILM) FOR SOUND ETC. | 5.50 | 1.6 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.1.4 Mexico Imports
| HS Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 8471 | AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC | 67.30 | 12.9 |
| 8703 | MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS | 48.64 | 9.3 |
| 8704 | MOTOR VEHICLES FOR TRANSPORT OF GOODS | 36.33 | 7.0 |
| 8708 | PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) | 35.30 | 6.8 |
| 8544 | INSULATED WIRE, CABLE ETC; OPT SHEATH FIB CABLES | 16.80 | 3.2 |
| 8517 | PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA | 11.72 | 2.2 |
| 2709 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | 10.28 | 2.0 |
| 8528 | TV RECVRS, INCL VIDEO MONITORS & PROJECTORS | 9.20 | 1.8 |
| 8701 | TRACTORS (OTHER THAN WORKS TRUCKS OF HEADING 8709) | 8.72 | 1.7 |
| 8537 | BOARDS, PANELS ETC ELEC SWITCH AND N/C APPAR ETC. | 8.50 | 1.6 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.1.5 China Exports
| HS Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 8800 | CIVILIAN AIRCRAFT, ENGINES, AND PARTS | 13.77 | 10.7 |
| 8542 | ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS | 10.43 | 8.1 |
| 1201 | SOYBEANS, WHETHER OR NOT BROKEN | 10.04 | 7.8 |
| 3002 | HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC | 5.86 | 4.6 |
| 2711 | PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS | 5.24 | 4.1 |
| 8703 | MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS | 3.54 | 2.8 |
| 8486 | MACH,APP MANUF SEMICON BOULES ETC;C84 NT 11(C);PT | 3.29 | 2.6 |
| 2709 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | 2.65 | 2.1 |
| 3901 | POLYMERS OF ETHYLENE, IN PRIMARY FORMS | 2.19 | 1.7 |
| 7404 | COPPER WASTE AND SCRAP | 1.98 | 1.5 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.1.6 China Imports
| HS Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 8517 | PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA | 45.51 | 11.2 |
| 8471 | AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC | 28.03 | 6.9 |
| 8507 | ELECTRIC STORAGE BATTERIES, INCL SEPARATORS, PARTS | 17.49 | 4.3 |
| 8708 | PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) | 9.02 | 2.2 |
| 8473 | PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES | 6.46 | 1.6 |
| 8516 | ELEC WATER, SPACE & SOIL HEATERS; HAIR ETC DRY, PT | 6.17 | 1.5 |
| 3004 | MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM | 6.10 | 1.5 |
| 8528 | TV RECVRS, INCL VIDEO MONITORS & PROJECTORS | 6.04 | 1.5 |
| 3926 | ARTICLES OF PLASTICS (INC POLYMERS & RESINS) NESOI | 5.97 | 1.5 |
| 3924 | TABLEWARE & OTHER HOUSEHOLD ARTICLES ETC, PLASTICS | 5.73 | 1.4 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.1.7 Brazil Exports
| HS Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 8800 | CIVILIAN AIRCRAFT, ENGINES, AND PARTS | 10.74 | 20.5 |
| 2710 | OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. | 4.99 | 9.5 |
| 2709 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | 1.86 | 3.5 |
| 3901 | POLYMERS OF ETHYLENE, IN PRIMARY FORMS | 1.52 | 2.9 |
| 3002 | HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC | 1.33 | 2.5 |
| 3004 | MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM | 1.19 | 2.3 |
| 8542 | ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS | 1.17 | 2.2 |
| 2711 | PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS | 1.16 | 2.2 |
| 2701 | COAL; BRIQUETTES, OVOIDS ETC. MFR FROM COAL | 1.12 | 2.1 |
| 8517 | PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA | 0.99 | 1.9 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.1.8 Brazil Imports
| HS Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 2709 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | 5.87 | 13.4 |
| 0901 | COFFEE; COFFEE HUSKS ETC; SUBSTITUTES WITH COFFEE | 2.65 | 6.0 |
| 8802 | AIRCRAFT, POWERED; SPACECRAFT & LAUNCH VEHICLES | 2.03 | 4.6 |
| 7207 | SEMIFINISHED PRODUCTS OF IRON OR NONALLOY STEEL | 1.56 | 3.6 |
| 7201 | PIG IRON & SPIEGELEISEN IN PIGS, BLOCKS ETC. | 1.53 | 3.5 |
| 4703 | CHEMICAL WOODPULP, SODA OR SULFATE, NOT DISSOLY GR | 1.47 | 3.3 |
| 2710 | OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. | 1.45 | 3.3 |
| 2009 | FRUIT, NUT OR VEG JUICES, UNFERMENT, NO ADD SPIRIT | 1.38 | 3.1 |
| 0202 | MEAT OF BOVINE ANIMALS, FROZEN | 1.37 | 3.1 |
| 8429 | SELF-PROPELLED BULLDOZERS, GRADERS, SCRAPERS ETC | 0.94 | 2.1 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.2 Product by Country Trajectories
5.2.1 Mexico Import
5.2.2 China Import
5.2.3 Brazil Import
5.3 Country by Product Tables
5.3.1 Automatic Data Processing Machine Imports
| Country Code | Country Name | Value ($B) | Share (%) |
|---|---|---|---|
| 2010 | MEXICO | 67.30 | 37.3 |
| 5830 | TAIWAN | 42.70 | 23.7 |
| 5700 | CHINA | 28.03 | 15.6 |
| 5520 | VIETNAM | 24.42 | 13.6 |
| 5490 | THAILAND | 9.76 | 5.4 |
| 5650 | PHILIPPINES | 1.08 | 0.6 |
| 5570 | MALAYSIA | 0.84 | 0.5 |
| 4280 | GERMANY | 0.79 | 0.4 |
| 4370 | HUNGARY | 0.77 | 0.4 |
| 1220 | CANADA | 0.52 | 0.3 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.3.2 Automatic Data Processing Machine Exports
| Country Code | Country Name | Value ($B) | Share (%) |
|---|---|---|---|
| 2010 | MEXICO | 7.03 | 14.4 |
| 1220 | CANADA | 5.81 | 11.9 |
| 4210 | NETHERLANDS | 4.38 | 9.0 |
| 5830 | TAIWAN | 2.97 | 6.1 |
| 5590 | SINGAPORE | 2.55 | 5.2 |
| 5880 | JAPAN | 2.30 | 4.7 |
| 5570 | MALAYSIA | 2.20 | 4.5 |
| 5200 | UNITED ARAB EMIRATES | 1.92 | 3.9 |
| 4120 | UNITED KINGDOM | 1.85 | 3.8 |
| 4280 | GERMANY | 1.56 | 3.2 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.3.3 Integrated Circuits Imports
| Country Code | Country Name | Value ($B) | Share (%) |
|---|---|---|---|
| 5830 | TAIWAN | 12.67 | 30.0 |
| 5570 | MALAYSIA | 10.46 | 24.8 |
| 5081 | ISRAEL | 4.20 | 9.9 |
| 5800 | KOREA, SOUTH | 2.06 | 4.9 |
| 4190 | IRELAND | 1.92 | 4.5 |
| 2230 | COSTA RICA | 1.91 | 4.5 |
| 5700 | CHINA | 1.43 | 3.4 |
| 5520 | VIETNAM | 1.25 | 3.0 |
| 5880 | JAPAN | 1.12 | 2.7 |
| 2010 | MEXICO | 1.07 | 2.5 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.3.4 Integrated Circuits Exports
| Country Code | Country Name | Value ($B) | Share (%) |
|---|---|---|---|
| 2010 | MEXICO | 12.20 | 22.3 |
| 5700 | CHINA | 10.43 | 19.0 |
| 5570 | MALAYSIA | 8.30 | 15.1 |
| 5830 | TAIWAN | 6.01 | 11.0 |
| 5520 | VIETNAM | 3.09 | 5.6 |
| 5800 | KOREA, SOUTH | 2.36 | 4.3 |
| 5820 | HONG KONG | 2.30 | 4.2 |
| 5650 | PHILIPPINES | 1.21 | 2.2 |
| 3510 | BRAZIL | 1.17 | 2.1 |
| 5490 | THAILAND | 1.00 | 1.8 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.3.5 Blood & Vaccines Imports
| Country Code | Country Name | Value ($B) | Share (%) |
|---|---|---|---|
| 4190 | IRELAND | 37.52 | 32.2 |
| 4280 | GERMANY | 15.28 | 13.1 |
| 5590 | SINGAPORE | 9.46 | 8.1 |
| 4231 | BELGIUM | 9.16 | 7.9 |
| 4210 | NETHERLANDS | 7.28 | 6.3 |
| 4419 | SWITZERLAND | 6.37 | 5.5 |
| 5880 | JAPAN | 5.74 | 4.9 |
| 4759 | ITALY | 4.72 | 4.1 |
| 5800 | KOREA, SOUTH | 4.03 | 3.5 |
| 4279 | FRANCE | 3.70 | 3.2 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.3.6 Blood & Vaccines Exports
| Country Code | Country Name | Value ($B) | Share (%) |
|---|---|---|---|
| 4210 | NETHERLANDS | 6.72 | 12.2 |
| 4280 | GERMANY | 6.47 | 11.7 |
| 5700 | CHINA | 5.86 | 10.6 |
| 5880 | JAPAN | 4.70 | 8.5 |
| 4190 | IRELAND | 3.86 | 7.0 |
| 4759 | ITALY | 2.88 | 5.2 |
| 4419 | SWITZERLAND | 2.77 | 5.0 |
| 4231 | BELGIUM | 2.27 | 4.1 |
| 1220 | CANADA | 2.26 | 4.1 |
| 4330 | AUSTRIA | 2.23 | 4.0 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.3.7 Soybean Imports
| Country Code | Country Name | Value ($B) | Share (%) |
|---|---|---|---|
| 1220 | CANADA | 0.19 | 51.4 |
| 3570 | ARGENTINA | 0.08 | 23.3 |
| 4623 | UKRAINE | 0.04 | 11.1 |
| 4890 | TURKEY | 0.03 | 8.3 |
| 3550 | URUGUAY | 0.01 | 2.2 |
| 4621 | RUSSIA | 0.00 | 1.3 |
| 5700 | CHINA | 0.00 | 0.6 |
| 3510 | BRAZIL | 0.00 | 0.5 |
| 3370 | CHILE | 0.00 | 0.4 |
| 3530 | PARAGUAY | 0.00 | 0.3 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.3.8 Soybean Exports
| Country Code | Country Name | Value ($B) | Share (%) |
|---|---|---|---|
| 5700 | CHINA | 10.04 | 45.5 |
| 2010 | MEXICO | 2.18 | 9.9 |
| 7290 | EGYPT | 1.27 | 5.7 |
| 4280 | GERMANY | 1.10 | 5.0 |
| 5600 | INDONESIA | 0.99 | 4.5 |
| 5880 | JAPAN | 0.98 | 4.4 |
| 5830 | TAIWAN | 0.64 | 2.9 |
| 4759 | ITALY | 0.48 | 2.2 |
| 5520 | VIETNAM | 0.47 | 2.1 |
| 5380 | BANGLADESH | 0.39 | 1.7 |
| Source: BOCOM BBM, U.S. Census Bureau |
5.3.9 Oil & Gas Combined Imports
| Country Code | Country Name | Value ($B) | Share (%) |
|---|---|---|---|
| 1220 | CANADA | 115.49 | 53.3 |
| 2010 | MEXICO | 13.27 | 6.1 |
| 5170 | SAUDI ARABIA | 8.61 | 4.0 |
| 3510 | BRAZIL | 7.32 | 3.4 |
| 5050 | IRAQ | 6.97 | 3.2 |
| 3010 | COLOMBIA | 6.60 | 3.0 |
| 3070 | VENEZUELA | 5.46 | 2.5 |
| 7530 | NIGERIA | 4.85 | 2.2 |
| 3120 | GUYANA | 4.63 | 2.1 |
| 5800 | KOREA, SOUTH | 4.55 | 2.1 |
| 12-Month Total Imports: $216.6 billion |
5.3.10 Oil & Gas Combined Exports
| Country Code | Country Name | Value ($B) | Share (%) |
|---|---|---|---|
| 2010 | MEXICO | 39.58 | 13.5 |
| 4210 | NETHERLANDS | 34.82 | 11.8 |
| 1220 | CANADA | 24.23 | 8.2 |
| 5800 | KOREA, SOUTH | 16.39 | 5.6 |
| 4120 | UNITED KINGDOM | 12.47 | 4.2 |
| 5880 | JAPAN | 11.26 | 3.8 |
| 5330 | INDIA | 9.36 | 3.2 |
| 4279 | FRANCE | 9.31 | 3.2 |
| 5700 | CHINA | 8.39 | 2.9 |
| 3510 | BRAZIL | 8.01 | 2.7 |
| 12-Month Total Exports: $294 billion |
5.4 Country by Product Trajectories
5.4.1 Integrated Circuit Imports
5.4.2 Integrated Circuit Exports
5.4.3 Blood & Vaccine Imports
6 Services*
6.1 Exports Table
| Service | Value (Billions) | Share (%) |
|---|---|---|
| Total | 98.8 | 100.0 |
| Maintenance and Repair Services n.i.e. | 3.9 | 4.0 |
| Transport | 8.7 | 8.8 |
| Travel | 18.0 | 18.2 |
| Construction | 0.2 | 0.2 |
| Insurance Services | 2.7 | 2.7 |
| Financial Services | 16.6 | 16.8 |
| Charges for the Use of Intellectual Property n.i.e. | 14.9 | 15.1 |
| Other Business Services | 22.2 | 22.5 |
| Personal, Cultural, and Recreational Services | 1.4 | 1.4 |
| Government Goods and Services n.i.e. | 2.4 | 2.4 |
| Source: BOCOM BBM, U.S. Bureau of Economic Analysis |
6.2 Imports Table
| Service | Value (Billions) | Share (%) |
|---|---|---|
| Total | 72.8 | 100.0 |
| Maintenance and Repair Services n.i.e. | 0.7 | 1.0 |
| Transport | 12.7 | 17.5 |
| Travel | 15.5 | 21.4 |
| Construction | 0.3 | 0.5 |
| Insurance Services | 8.5 | 11.7 |
| Financial Services | 5.5 | 7.6 |
| Charges for the Use of Intellectual Property n.i.e. | 4.4 | 6.1 |
| Other Business Services | 14.2 | 19.4 |
| Personal, Cultural, and Recreational Services | 2.2 | 3.1 |
| Government Goods and Services n.i.e. | 2.2 | 3.0 |
| Source: BOCOM BBM, U.S. Bureau of Economic Analysis |
6.3 Exports Trajectory
6.4 Imports Trajectory
6.5 Exports 12-Month Accumulated Values
6.6 Imports 12-Month Accumulated Values
6.7 Exports Trajectory (12 mo acc.)
6.8 Imports Trajectory (12 mo acc.)
7 Appendix
7.1 *Note 1
Section 1 is the only section where the goods data is on a Balance of Payments (BOP) basis, unless otherwise specified. The services data from this section and the overall data from all other sections is released on a Census basis. The reason for this difference is that the BEA adjusts goods on a Census basis to a BOP basis to align them with the concepts and definitions used for the U.S. international and national economic accounts. While it may seem unconventional to release goods data and services on different bases, trade balance data is released in this form by Bloomberg as well as by the U.S. Census.
7.2 **Note 2
The table components for both the real import and export tables do not add up to 100%. The difference between the sum of the categories and the total is made available by the Census in the original data release. However, for simplicity, the residual is excluded from this report.
The data displayed on Section 2 contains a gap between 2010 and 2012. This is a quirk of the excel spreadsheet released by the U.S. Census Bureau.
7.3 Note 3: Petroleum Differences
This report employs two distinct definitions of petroleum:
Census Definition (End-Use Codes) — Used in Section 3, this broader classification includes not only crude oil and refined fuels, but also derivative chemicals such as benzene and toluene.
HS Code Definition (HS 2709–2711) — Used in all remaining sections, referred to as “Oil & Gas”. This narrower approach is based on the Harmonized System codes:
HS 2709 – Crude petroleum oils and oils from bituminous minerals
HS 2710 – Refined petroleum oils and products containing ≥70% petroleum by weight
HS 2711 – Petroleum gases and other gaseous hydrocarbons
Despite their conceptual differences, these definitions overlap substantially in practice. The figures and tables below illustrate this overlap between the share of trade classified as Oil & Gas (HS 2709–2711) and that flagged as Petroleum by the Census Bureau. For an exact conversion between HS and End-use codes, consult this link for exports and this link for imports.
7.3.1 Table A1
| HS10 Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 2709002090 | CRUDE PETROLEUM TEST 25 DEGREES API OR MORE NESOI | 165.49 | 32.4 |
| 2709001000 | CRUDE PETROLEUM TESTING UNDER 25 DEGREES API | 96.84 | 19.0 |
| 2711110000 | NATURAL GAS, LIQUEFIED | 37.50 | 7.3 |
| 2710191106 | LIGHT FUEL OILS GT=25 DEG API, LT=15 PPM SULFUR | 35.01 | 6.9 |
| 2710121519 | UNLEADED GASOLINE, NOT CONT BIODIESEL, NESOI | 32.23 | 6.3 |
| 2711120010 | PROPANE, LIQ, MIN PUR 90 LIQ VOLM PERCENT | 25.10 | 4.9 |
| 2711210000 | NATURAL GAS, GASEOUS | 14.73 | 2.9 |
| 2710190635 | HEAVY FL OIL,DISTL/RESD,LT 25 DEG,NT BIODSEL NESOI | 10.75 | 2.1 |
| 2710191600 | KEROSENE-TYPE JET FUEL, NOT CONT BIODIESEL, NESOI | 10.64 | 2.1 |
| 2710121550 | MOTOR FUEL, NOT CONTAINING BIODIESEL, NESOI | 10.03 | 2.0 |
| Other | Other oil products | 72.30 | 14.2 |
| Source: BOCOM BBM, U.S. Census Bureau |
7.3.2 Table A2
| HS10 Code | Description | Value ($B) | Share (%) |
|---|---|---|---|
| 2709002090 | CRUDE PETROLEUM TEST 25 DEGREES API OR MORE NESOI | 165.49 | 34.7 |
| 2709001000 | CRUDE PETROLEUM TESTING UNDER 25 DEGREES API | 96.84 | 20.3 |
| 2710191106 | LIGHT FUEL OILS GT=25 DEG API, LT=15 PPM SULFUR | 35.01 | 7.3 |
| 2710121519 | UNLEADED GASOLINE, NOT CONT BIODIESEL, NESOI | 32.23 | 6.8 |
| 2711120010 | PROPANE, LIQ, MIN PUR 90 LIQ VOLM PERCENT | 25.10 | 5.3 |
| 2710190635 | HEAVY FL OIL,DISTL/RESD,LT 25 DEG,NT BIODSEL NESOI | 10.75 | 2.3 |
| 2710191600 | KEROSENE-TYPE JET FUEL, NOT CONT BIODIESEL, NESOI | 10.64 | 2.2 |
| 2710121550 | MOTOR FUEL, NOT CONTAINING BIODIESEL, NESOI | 10.03 | 2.1 |
| 2710122500 | NAPHTHAS EX MOTOR FUEL/BLEND STOCK NT CON BIODIESL | 6.85 | 1.4 |
| 2710124595 | LGHT OIL,PREP OF OTHR HYDCBN MIX,NT BIODIESL,NESOI | 5.28 | 1.1 |
| Other | Other petroleum products | 78.89 | 16.5 |
| Source: BOCOM BBM, U.S. Census Bureau |
7.3.3 Figure A1
7.3.4 Figure A2
7.3.5 Figure A3
7.4 *Note 4:
In contrast with all the other data in this report, the services data is released quarterly. Therefore, it may not be updated in sync with the goods or goods and services data in all other sections. For more information on the next services release, please consult this link.